From Iceland — Central Bank Chairman Relieved of Duties

Central Bank Chairman Relieved of Duties

Published February 27, 2009

With the signature of the president, a new law regarding the leadership
of Iceland’s Central Bank spells the end of Davíð Oddson’s
chairmanship, and the beginning of a new structure for the institution.
As of midnight last night, the new structure will consist of a chairman, assistant chairman, and a monetary committee with a greater leadership role in guiding economic decisions.
The Prime Minister will advertise for a new chairman and an assistant chairman, while in the meantime putting in place temporary staff to fill the positions.
(Photo credit: Morgunblaðið)

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